Inventory Management Financial Management

gun ancestry Management FINANCIAL prudence Section F2 Group Members: Aarti Purohit Arun Koshiya Jai Shankar Patel Pushpa Patel Priyanka Biswas Reshma Dsouza Varun Maurya 1 1. breed focal point: Basic about bloodline, what do we mean by inventory, accusing etc. 1. WHY KEEP scroll: Meet take away Keep operations running Lead time escape Quantity discount Smoothing requirements Example of Inventory 3 5 1. NATURE OF register: cranky material Work in progress Finished goods 9 7 1. TYPES OF INVENTORY: Transit Inventory Buffer Inventory Anticipation Inventory Decoupling Inventory Cycle Inventory MRO Goods Inventory Theoretical Inventory 1. unhomogeneous COSTS RELATED TO INVENTORY MANAGEMENT 2. INTEGRATED INVENTORY MANAGEMENT SYSTEM 3. PRICING OF RAW MATERIALS FIFO last in first out Weighted average cost method Standard terms (cost) method 12 14 15 1. INVENTORY MANAGEMENT TECHNIQUES: 17 EOQ Ordering cost Carrying costs Reorder point Lead time Safety stock The inventory management process by GENERAL inclose 21 1. INVENTORY CONTROL SYSTEM: ABC inventory laterality system. Just In Time system. Out sourcing. Computerized inventory cover systems.

24 28 29 1. 25 WAYS TO LOWER INVENTORY COSTS 2. THE FUTURE OF INVENTORY MANAGEMENT 3. INVENTORY MANAGEMENT IN PRACTISE: 2 1. INVENTORY MANAGEMENT Inventory management, or inventory control, is an attempt to balance inventory needs and requirements with the need to sully costs resulting from obtaining and holding inventory. Dulux paint WHAT IS INVENTORY? Inventory is a inclining for goods and materials, or those goods and materials themselves, held available in stock by a business. It is also used for a list of the contents of a household and for a list for testamentary purposes of the possessions of someone who has died. In accounting inventory is considered an asset. Inventory management is primarily about... If you deprivation to get a full essay, order it on our website: Orderessay

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